iShares North American Natural Resources ETF
IGE
145 hedge funds and large institutions have $1.38B invested in iShares North American Natural Resources ETF in 2014 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 51 increasing their positions, 47 reducing their positions, and 29 closing their positions.
14% more capital invested
Capital invested by funds: $1.2B → $1.38B (+$174M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
6.73% more ownership
Funds ownership: 54.2% → 60.93% (+6.7%)
9% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 47
5% less funds holding
Funds holding: 153 → 145 (-8)
17% less call options, than puts
Call options by funds: $502K | Put options by funds: $602K
21% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFS
Edelman Financial Services
Fairfax,
Virginia
|
+$147M |
| 2 |
CWA
Convergent Wealth Advisors
Potomac,
Maryland
|
+$53.7M |
| 3 |
MCM
Makena Capital Management
Menlo Park,
California
|
+$52.5M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$38.5M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$19.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16M |
| 2 |
TAG
Tactical Allocation Group
Birmingham,
Michigan
|
-$11.5M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$5.11M |
| 4 |
MWP
Moller Wealth Partners
|
-$3.64M |
| 5 |
LS
Lattice Strategies
Wayne,
Pennsylvania
|
-$2.8M |
IGE Hedge Fund Activity: Q4 2014 in Review
145 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in iShares North American Natural Resources ETF (IGE) for Q4 2014, worth a combined $1.38B — up 14% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of IGE and 23 opened new positions — a net loss of 6 holders — while 47 trimmed existing stakes and 51 added.
The largest buyer was Edelman Financial Services, adding an estimated $147M. The largest seller was Royal Bank of Canada, cutting an estimated $16M.
- 145 institutional investors held iShares North American Natural Resources ETF (IGE) as of Q4 2014, down from 153 in Q3 2014.
- Funds reported $1.38B of iShares North American Natural Resources ETF stock for Q4 2014, up 14% quarter-over-quarter.
- 23 funds opened new iShares North American Natural Resources ETF positions in Q4 2014 and 29 closed out, a net change of -6 holders.
- The largest iShares North American Natural Resources ETF buyer in Q4 2014 was Edelman Financial Services, an estimated $147M added.
- The largest iShares North American Natural Resources ETF seller in Q4 2014 was Royal Bank of Canada, an estimated $16M sold.
Based on aggregated 13F filings for Q4 2014.